Bitcoin Price Analysis: Explosive BTC Rally Faces One Major Obstacle

Share

Bitcoin has sharply recovered from its latest pullback and is testing the major resistance zone between $80,500 and $82,500, with the price hovering around $81,500. The critical support zone stands at $72,500 to $75,000, and the daily RSI has bounced above 50, reflecting renewed buying momentum without yet reaching overbought territory. A confirmed break above $82,500 could pave the way toward the next supply zone around $86,000 to $90,000. Conversely, another rejection would keep Bitcoin range-bound, with the $72,500 to $75,000 zone remaining the key support area.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles